Long-serving Westpac executive Carolyn McCann has become a frontrunner to lead the bank’s sprawling retail division after acting in the role for less than two months and despite limited experience in mortgages and deposits.
Westpac’s board is getting closer to making a final decision on the appointment, according to two people briefed on the matter who requested anonymity to speak freely. McCann, they said, was a lead candidate as the executive search neared its conclusion, which remained some weeks away.